A group of highly speculative stocks rallied double digits on Wednesday as retail investors pushed meme names up again in the new year after a dismal 2022.

Your winnings would be reduced by a 24% federal tax withholding, but that would be just the start of what you’d owe to the IRS and, possibly, state coffers.

Former President Donald Trump pledged to donate his salary while in office. Some news reports said his 2020 tax return suggests otherwise — but it’s unclear.

FTX lawyers said they had recovered $5 billion of assets, including cash and crypto, bringing customers closer to recovering from the exchange’s collapse.

Tax season is almost here, and there are key things to know before the IRS begins accepting 2022 individual returns, experts say. 

These are the stocks posting the largest moves in early morning trading.

South Korea hit back at claims its Covid rules for Chinese travelers are “discriminatory,” saying more than half of its imported cases are coming from China.

The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic conditions.

Morgan Stanley chief investment officer Mike Wilson warns investors are dangerously unprepared for a weak earnings season.

It’s the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019.